EAC Governors pledge to fast track EAC integration

The central bank Governors of the East African Community (EAC) have noted that there have been delays in realising targets set out in the East African Monetary Union (EAMU) road map and that there are several challenges that could further impede the full implementation of EAMU protocol.

The Governors therefore pledged to collaborate with stakeholders in the EAC integration process to fast-track pending activities of the EAMU road map.

This was at the 22nd ordinary meeting of the EAC Monetary Affairs Committee (MAC) chaired by Prof. Emmanuel Tumusiime-Mutebile, Governor Bank of Uganda, at Kampala Serena Hotel on Friday August 24th, 2018.

The meeting was attended by central bank Governors of the 6 EAC member states (Kenya, Tanzania, Rwanda, Burundi, South Sudan and Uganda) and the Secretary General of the EAC Secretariat.

Here is the full communique from the Governors for your reporting purposes.